Trending news

Tom Curry Quoted on the FDIC’s Proposed Rule in FastInform

Print PDF
| Media Coverage

Tom Curry, a partner in Nutter’s Corporate and Transactions Department and a co-leader of the firm’s Banking and Financial Services group, commented on how the FDIC signaled that it is once more open to allowing new industrial loan companies when it approved deposit insurance applications from Square Inc. and Nelnet Inc. in FastInform. In the article, “Increasing fintech bank charter applications draw ire from banks,” Tom said, “That’s probably the big news, or the big shift is that after a decade or more of the FDIC not approving these deposit insurance applications, they’ve now indicated a willingness to do it for financial technology-affiliated firms.”

More News >
Back to Page